Highland Opportunities & Income Fund
HFRO- Exchange
- NYSE
- SEC CIK
- 0001710680
No open-market purchases or sales by Highland Opportunities & Income Fund insiders were filed in the last 90 days; 91 institutions reported holding it in 13F filings for Q2 2026, worth $226.4M in total; no superinvestor holds it.
13F holders, Q1 2026
Institutional positions in Highland Opportunities & Income Fund as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 95
- −7 vs. Q4 2025
- Shares held
- 30.3M
- +715.1K (+2.4%) vs. Q4 2025
- Total value
- $173.2M
- −$3.95M (−2.2%) vs. Q4 2025
- New holders
- 5
- 30 more added
- Sold out
- 12
- 31 more reduced
3 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting HFRO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 91 | $226.4M |
| Q1 2026 | 95 | $173.2M |
| Q4 2025 | 105 | $177.4M |
| Q3 2025 | 94 | $177.0M |
| Q2 2025 | 92 | $138.2M |
| Q1 2025 | 96 | $131.1M |
| Q4 2024 | 111 | $146.5M |
| Q3 2024 | 101 | $178.9M |
| Q2 2024 | 101 | $191.5M |
| Q1 2024 | 107 | $202.6M |
| Q4 2023 | 104 | $198.8M |
| Q3 2023 | 105 | $198.7M |
| Q2 2023 | 97 | $216.8M |
| Q1 2023 | 100 | $216.6M |
| Q4 2022 | 102 | $252.4M |
| Q3 2022 | 94 | $226.5M |
| Q2 2022 | 101 | $270.4M |
| Q1 2022 | 97 | $280.5M |
| Q4 2021 | 102 | $270.6M |
| Q3 2021 | 99 | $293.5M |
| Q2 2021 | 98 | $264.1M |
| Q1 2021 | 95 | $282.4M |
Institutions, Q1 2026
Shares, value and share of portfolio for each institution holding Highland Opportunities & Income Fund; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| AdvisorNet Financial, Inc | 1 | $8 | 0.00% | 00.0% | Unchanged |
| Vision Retirement, LLC | 3 | $15 | 0.00% | 00.0% | Unchanged |
| Strategic Wealth Partners, Ltd. | 6 | $34 | 0.00% | 00.0% | Unchanged |
| FMR LLC | 23 | $131 | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 59 | $337 | 0.00% | 00.0% | Unchanged |
| Sunrise Financial Services, LLC | 70 | $400 | 0.00% | 00.0% | Unchanged |
| Cedar Mountain Advisors, LLC | 82 | $468 | 0.00% | 00.0% | Unchanged |
| Mountain Hill Investment Partners Corp. | 125 | $715 | 0.00% | +2+1.6% | Added |
| Keating Financial Advisory Services, Inc. | 164 | $936 | 0.00% | 00.0% | Unchanged |
| SHP Wealth Management | 211 | $1.21K | 0.00% | 00.0% | Unchanged |
| Hamrick Investment Counsel, llc | 250 | $1.43K | 0.00% | +250 | New |
| Gables Capital Management Inc. | 269 | $1.54K | 0.00% | 00.0% | Unchanged |
| Caldwell Sutter Capital, Inc. | 285 | $1.63K | 0.00% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 470 | $2.68K | 0.00% | −30−6.0% | Reduced |
| Spire Wealth Management | 500 | $2.85K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 1,261 | $7.20K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 1,775 | $10.1K | 0.00% | 00.0% | Unchanged |
| Byrne Asset Management LLC | 1,800 | $10.3K | 0.01% | 00.0% | Unchanged |
| Kilter Group LLC | 2,219 | $12.7K | 0.01% | +27+1.2% | Added |
| Triumph Capital Management | 2,600 | $14.8K | 0.00% | +1,700+188.9% | Added |
| Basepoint Wealth LLC | 3,671 | $21.0K | 0.01% | 00.0% | Unchanged |
| IFP Advisors, Inc | 4,017 | $22.9K | 0.00% | −1,205−23.1% | Reduced |
| Legacy Wealth Managment, LLC | 5,237 | $29.9K | 0.01% | 00.0% | Unchanged |
| Fifth Third Bancorp | 6,156 | $35.2K | 0.00% | +6,156 | New |
| Advisory Services Network, LLC | 7,458 | $42.6K | 0.00% | +7,458 | New |
| Wells Fargo & Company | 7,849 | $44.8K | 0.00% | +7,847+392,350.0% | Added |
| Rockefeller Capital Management L.P. | 8,898 | $50.8K | 0.00% | +3,720+71.8% | Added |
| K2 Principal Fund, L.P. | 10,033 | $57.3K | 0.01% | 00.0% | Unchanged |
| Channel Wealth LLC | 10,074 | $57.5K | 0.01% | −4,142−29.1% | Reduced |
| NWF Advisory Services Inc. | 10,400 | $59.4K | 0.01% | −10,300−49.8% | Reduced |
| Bulldog Investors, LLP | 10,715 | $61.2K | 0.01% | 00.0% | Unchanged |
| Koshinski Asset Management, Inc. | 11,625 | $66.4K | 0.00% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 12,044 | $68.8K | 0.00% | −783−6.1% | Reduced |
| Commonwealth Equity Services, LLC | 12,526 | $71.5K | 0.00% | −1,024−7.6% | Reduced |
| Stephens Inc | 12,743 | $72.8K | 0.00% | 00.0% | Unchanged |
| Capital Investment Advisory Services, LLC | 12,876 | $73.5K | 0.01% | −483−3.6% | Reduced |
| Citadel Advisors LLC | 15,564 | $88.9K | 0.00% | −4,482−22.4% | Reduced |
| MML Investors Services, LLC | 16,333 | $93.3K | 0.00% | −3,370−17.1% | Reduced |
| One Charles Private Wealth Services, LLC | 17,248 | $98.5K | 0.02% | 00.0% | Unchanged |
| UBS Group AG | 18,648 | $106.5K | 0.00% | −310−1.6% | Reduced |
| XTX Topco Ltd | 19,988 | $114.1K | 0.00% | −17,866−47.2% | Reduced |
| Janney Montgomery Scott LLC | 20,275 | $116.0K | 0.00% | −4,184−17.1% | Reduced |
| National Asset Management, Inc. | 21,503 | $118.7K | 0.01% | +21,503 | New |
| Keystone Wealth Services, LLC | 21,330 | $121.8K | 0.03% | +405+1.9% | Added |
| CF Capital LLC | 22,081 | $126.1K | 0.15% | −170,620−88.5% | Reduced |
| Independent Financial Group, LLC | 28,630 | $163.5K | 0.00% | +272+1.0% | Added |
| Melfa Wealth Management, LLC | 29,135 | $166.4K | 0.10% | 00.0% | Unchanged |
| Abel Hall, LLC | 30,000 | $171.3K | 0.04% | +10,000+50.0% | Added |
| Mariner, LLC | 30,252 | $172.7K | 0.00% | −321−1.0% | Reduced |
| Evolve Private Wealth, LLC | 31,214 | $178.2K | 0.01% | −223−0.7% | Reduced |
| CSS LLC | 32,516 | $185.7K | 0.01% | 00.0% | Unchanged |
| Jane Street Group, LLC | 32,520 | $185.7K | 0.00% | −84,932−72.3% | Reduced |
| Integrated Capital Management, Inc. | 33,966 | $193.9K | 0.13% | −5,392−13.7% | Reduced |
| Kestra Advisory Services, LLC | 35,285 | $201.5K | 0.00% | +1,108+3.2% | Added |
| Mercer Global Advisors Inc | 35,831 | $204.6K | 0.00% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 37,259 | $212.7K | 0.00% | −40,266−51.9% | Reduced |
| Papamarkou Wellner Asset Management inc. | 45,000 | $256.9K | 0.16% | 00.0% | Unchanged |
| Cetera Investment Advisers | 51,116 | $291.9K | 0.00% | −4,449−8.0% | Reduced |
| Ariadne Wealth Management, LP | 52,900 | $302.1K | 0.14% | +100.0% | Added |
| Creative Planning | 68,548 | $391.4K | 0.00% | +22,560+49.1% | Added |
| Calamos Advisors LLC | 74,855 | $427.4K | 0.00% | +32,079+75.0% | Added |
| Samalin Investment Counsel, LLC | 77,388 | $441.9K | 0.16% | −6,668−7.9% | Reduced |
| AEGON USA Investment Management, LLC | 79,431 | $453.6K | 0.35% | −8,737−9.9% | Reduced |
| Gilpin Wealth Management, LLC | 91,642 | $523.3K | 0.41% | +686+0.8% | Added |
| Advisor Group Holdings, Inc. | 110,543 | $631.3K | 0.00% | +4,402+4.1% | Added |
| Baird Financial Group, Inc. | 113,704 | $649.3K | 0.00% | +17,113+17.7% | Added |
| HighTower Advisors, LLC | 114,025 | $651.1K | 0.00% | −4,640−3.9% | Reduced |
| Nations Financial Group Inc, | 122,317 | $698.4K | 0.04% | 00.0% | Unchanged |
| Aristides Capital LLC | 138,096 | $788.5K | 0.26% | +4,600+3.4% | Added |
| Blue Bell Private Wealth Management, LLC | 139,203 | $794.8K | 0.11% | +12,302+9.7% | Added |
| IHT Wealth Management, LLC | 140,579 | $802.7K | 0.02% | −7,074−4.8% | Reduced |
| Harbour Investments, Inc. | 142,243 | $812.2K | 0.01% | +142,243 | New |
| Arlington Capital Management, Inc. | 154,306 | $881.1K | 0.50% | +3,101+2.1% | Added |
| Concorde Asset Management, LLC | 166,190 | $948.9K | 0.47% | +26,730+19.2% | Added |
| GWM Advisors LLC | 166,318 | $949.7K | 0.00% | +35,692+27.3% | Added |
| Landscape Capital Management, L.L.C. | 181,396 | $1.04M | 0.07% | 00.0% | Unchanged |
| Park Avenue Securities LLC | 181,678 | $1.04M | 0.01% | −2,943−1.6% | Reduced |
| Marex Group plc | 205,000 | $1.17M | 0.01% | −80,112−28.1% | Reduced |
| RSM US Wealth Management LLC | 217,962 | $1.24M | 0.02% | −12,668−5.5% | Reduced |
| Closed-End Fund Advisors, Inc. | 235,324 | $1.34M | 1.37% | +188+0.1% | Added |
| Altium Capital Management LP | 277,068 | $1.58M | 3.76% | +134,009+93.7% | Added |
| Camelot Portfolios, LLC | 317,062 | $1.81M | 1.36% | −36,540−10.3% | Reduced |
| Oppenheimer & Co Inc | 460,222 | $2.63M | 0.03% | +10,432+2.3% | Added |
| Matisse Capital | 617,000 | $3.52M | 1.51% | 00.0% | Unchanged |
| LPL Financial LLC | 622,706 | $3.56M | 0.00% | −13,761−2.2% | Reduced |
| Royal Bank of Canada | 631,212 | $3.60M | 0.00% | −36,389−5.5% | Reduced |
| Geneos Wealth Management Inc. | 672,800 | $3.84M | 0.09% | −255,673−27.5% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 965,879 | $5.51M | 0.01% | +15,818+1.7% | Added |
| Invesco Ltd. | 1,408,806 | $8.04M | 0.00% | +41,052+3.0% | Added |
| Envestnet Asset Management Inc | 2,147,339 | $12.3M | 0.00% | +46,544+2.2% | Added |
| Morgan Stanley | 2,544,393 | $14.5M | 0.00% | −278,543−9.9% | Reduced |
| Thomas J. Herzfeld Advisors, Inc. | 2,715,661 | $15.5M | 5.27% | +258,376+10.5% | Added |
| Raymond James Financial Inc | 3,920,979 | $22.4M | 0.01% | +129,043+3.4% | Added |
| Highland Capital Management Fund Advisors, L.P. | 4,128,895 | $23.6M | 1.65% | +455,848+12.4% | Added |
| Saba Capital Management, L.P. | 5,147,237 | $29.4M | 0.94% | +473,221+10.1% | Added |
| HB Wealth Management, LLC | 0 | $0 | 0.00% | −32,550−100.0% | Sold out |
| Millennium Management LLC | 0 | $0 | 0.00% | −28,850−100.0% | Sold out |
| Yakira Capital Management, Inc. | 0 | $0 | 0.00% | −15,655−100.0% | Sold out |
| LifeWealth Investments, LLC | 0 | $0 | 0.00% | −14,625−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |